Wall Street Journal
Kimberly-Clark Forecasts Quarterly Sales Decline Following Social-Media Firestorm in China
Kimberly-Clark forecast a decline in third-quarter sales and backed its outlook for the year, following a social-media f...
Lyft Eyes Upscale Corporate Travel as Next Leg of Growth
The ride-hailing company is establishing a new chauffeuring brand, dubbed Alcove, that caters to demand for full days of...
Penske Automotive Group to Be Taken Private by Penske, Mitsui
Penske Automotive Group has agreed to be taken private by its biggest investors in a deal that gives the transportation-...
Bank of New York Mellon Logs Higher Profit, Sales
The bank posted third-quarter net income applicable to shareholders of $1.61 billion, or $2.34 a share, up from $1.34 bi...
What Netflix’s Layoffs Mean for Other Companies; Inflation Ripple Effects
Plus, the AI boom is supercharging Wall Street profits....
Even Before OpenAI Arrest, Silicon Valley Was Bracing for Spies
Plus, suspicions mount over restrictions on Ukraine’s Starlink access, and UBS prepares for a once unimaginable move....
The Engineer Accused of Bugging OpenAI’s Top-Secret Conference Room
Abdulrahman Alfozan kept ties in Saudi Arabia while he rose in Silicon Valley, until federal agents accused him of hidin...
Gas Exporter Venture Global Wants to Get In on AI Power Boom
The company plans to build gas-fired power plants to supply data centers....
Oil Prices Fall as Traders Weigh Gulf Supply Recovery, Hormuz Attacks
Middle East crude exports have recovered substantially but the International Energy Agency said flows remain vulnerable ...
TotalEnergies Expects Windfall as Conflict Squeezes Energy Supplies
The French energy major said it expects exceptional results from its downstream business after an increase in third-quar...
AI Demand Extends TSMC’s Record Earnings Streak
The world’s largest contract chip maker’s net profit surged 69% as demand for AI infrastructure remained robust, shruggi...
Ericsson to Streamline Structure as Component Costs Pressure Profitability
The Swedish telecommunications-equipment maker seeks to drive efficiencies and warned higher component costs will be a h...
Pernod Ricard Primes Potential India Listing as U.S., China Sales Keep Sliding
The distiller behind Absolut vodka and Jameson whiskey said momentum in India helped offset sharp declines in the U.S. a...
Ambani’s Jio Seeks $108 Billion Valuation in Landmark India IPO
The telecom arm of Reliance Industries is seeking to raise more than $3 billion in what could be the country’s largest-e...
White House Press Secretary Katie Zacharia Didn’t Pass Bar Exam
Zacharia has previously referred to herself as a lawyer in public appearances....
YouTube is Looking to Expand Into Audiobooks
The Alphabet-owned streamer is working on a feature for audiobooks, a bid to compete with offerings from Spotify and Aud...
Apple Closes Above the $5 Trillion Mark
Plus, Ukraine said new limits on Starlink have disrupted its military operations, and OpenAI alleged an ex-employee took...
Tech, Media & Telecom Roundup: Market Talk
Find insight on Samsung Electronics, SK Hynix, ASML Holding and more in the latest Market Talks covering Technology, Med...
What ‘Macbeth’ Can Teach Us About Avoiding Financial Fraud
It’s a slippery slope that leads to some of the biggest financial scandals. Shakespeare understood well how that can hap...
Saudi Airlines Rush to Save Scores of Planes From a War Zone
Deadly Houthi missile strikes have airlines racing to move billions worth of planes to safety....
Opinion | Modernize and Reform the Recycling System
The answer isn’t to abandon it but rather to fix it through private-sector innovation, policy standardization and target...
Opinion | War-Caused Oil Price Spikes Don’t Help the U.S. Economy
American consumers bear the diffuse costs....
Berkshire Hathaway Builds 4% Stake in Bending Spoons
Bending Spoons said Berkshire has made a fresh investment of $330 million in the Milan-based company after plowing $600 ...
GlobalFoundries to Build Two Chip Fabs With Up to $21 Billion Funding
GlobalFoundries plans to build two new semiconductor-manufacturing facilities in New York under a U.S.-Japanese initiati...
Fairfax Financial Buying Majority Stake in India’s IDBI Bank
Canada’s Fairfax Financial is positioning itself in India’s fast-growing financial services industry with the acquisitio...
American Electric Power to Invest $4 Billion in Fuel Cell Project to Meet Energy Demand From Google
American Electric Power plans to invest about $4 billion in a Wyoming fuel cell generation project to meet growing energ...
Netflix Eliminates About 6% of Staff in Biggest Cuts Since 2022
The job cuts affect about 1,000 positions and come as the company struggles with slowing growth....
Broad Pickup in Prices Lifted Inflation to 3.7% in September
The hotter reading is a sign that high energy prices are tightening their squeeze on consumers ahead of next month’s mid...
Fastenal Profit Up as Spending Climbs
The fastener-and-tool distributor posted third-quarter profit of $401.6 million, or 35 cents a share, compared with $335...
Bank of America Settlement Charge Hits Profit, Morgan Stanley Profit Climbs
Bank of America reported a lower third-quarter profit, mostly tied to a regulatory settlement charge, while Morgan Stanl...
Wall Street Books Profits But Loses Some Momentum in Q3
Plus, existing home sales show modest recovery....
Uber Freight CEO Targets Revenue Growth and Investment Ahead of Profit, for Now
Plus: Rivian spinoff Mind Robotics names veteran of Tesla and Ford as president; diesel futures rise 4.5% and retail pri...
Mark Zuckerberg Versus the Pint of Guinness
The Meta boss becomes a viral meme after taking an awkward sip of the famed Irish stout....
Malaysia Pharmacy Chain Braves Volatile Market With Mid-November Listing Plan
The IPO would value pharmacy chain Big Caring at over $1.5 billion....
An Ex-Tesla Executive Is Steering Uber Freight’s Turnaround
Rebecca Tinucci wants to make transportation management fit in at the tech giant known for ride hailing and food deliver...
Swisscom Wins Appeal Against Swiss Antitrust Fine Over Fiber Network Expansion
The court said Swisscom’s network expansion didn’t breach of competition law, overturning a Competition Commission rulin...
EU Accepts Sanofi’s Concessions to Settle Antitrust Probe Over Vaccine Marketing
Sanofi’s offer to rectify the potential effects of its past messages on a rival flu shot awould address concerns, the bl...
Global Diesel Squeeze to Drag Into 2027, IEA Says
Supply fell by 1.7 million barrels a day in the third quarter, as the Iran war curtailed flows through the Strait of Hor...
Oil Prices Rise as Traders Weigh Saudi Aramco Attack Report, Hormuz Shipping Risks
Regional tensions remained elevated after Saudi Arabia’s Energy Ministry said a building belonging to Saudi Aramco in Dh...
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